GALSI pipeline The new gas pipeline will link Algeria with Italy and will be used to import natural gas. It will have a capacity of 8 billion cubic meters a year and is expected to go on stream in 2018. It will include two sections: International Section: Running from the coast of Algeria to Porto Botte, in Southern Sardinia, it will be the deepest underwater pipeline ever built, reaching a sea depth of 2,885 meters. Domestic Section: It is comprised of a land-based segment from Porto Botte to Olbia, in Sardinia, and an underwater marine segment from Olbia to Piombino, in Tuscany. Strategic Advantages of the Galsi Pipeline The Galsi pipeline represents a precious resource for the Italian market as a whole and especially for Sardinia, which still lacks access to a supply of natural gas. The pipeline will enable: To create an Italian gas hub by creating a new supply route (more competitive and shorter) to import Algerian gas in Italy and from there to North Europe Increase the supply security in Italy and Europe To have a unique opportunity to bring natural gas to Sardinia. Natural gas will replace more expensive fuels used in that region (LNG, propane air mixes, diesel fuel, etc.) with savings estimated at 30-40%. This savings will provide a significant boost to Sardinia’s economy, specifically benefiting businesses that are high energy users. To reduce the impact on the environment. Natural gas produces less polluting missions than coal and oil, currently the fuels most frequently used in Sardinia. Strategic Project for Europe The Galsi pipeline is included among the Projects of European Interest The European Union allocated 120 million euros to finance its construction in the European Energy Plan for Recovery (EEPR).